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March 7 Morning Report: GovCon Index Records Gain for 3rd Consecutive Week


GovConIndexUPThe GovCon Index closed Friday with a 0.247-point climb to 73.958 on potential indicators against additional interest rate hikes and extended rallies by Engility Holdings (NYSE: EGL) and Navistar International (NYSE: NAV).

The Index posted a weekly gain of 2.082 percent to record positive movement for the third consecutive five-day period.

Top GovCon Index Gainers

SymbolCompany$ Current PriceNet Change% Change
EGLEngility Holdings17.241.318.22%
IIntelsat1.990.105.29%
MANTManTech International30.231.013.46%
NAVNavistar International11.130.292.68%
BAHBooz Allen Hamilton29.100.521.82%

Market Summary

Advancing GovCon Index Issues23
Declining GovCon Index Issues7
Unchanged GovCon Index Issues0
IndexValueNet Change% Change
GovCon Index73.958+0.247+0.335%
S&P 5001, 999.99+6.59+0.33%
Dow Jones Industrial Average17, 006.77+62.87+0.37%
NASDAQ4, 717.02+9.60+0.20%

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